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See how verdicts work2-bedroom bungalow · DN36 4BB
For saleReduced £5k (−2.6%) on 12 SepListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous plot within one of Humberston's most established residential locations, this detached bungalow presents an excellent opportunity for buyers looking to create a home of their own.
Lovingly maintained over the years, the property offers comfortable accommodation throughout whilst providing scope for cosmetic updating to suit individual tastes.
The accommodation comprises an entrance hall leading to a spacious lounge, a fitted kitchen overlooking the rear garden, two well-proportioned double bedrooms, a modern shower room and a separate WC.
Outside is where this home really comes into its own.
The beautifully tended gardens have clearly been a labour of love, with established planting, colourful borders, a feature pond, decked seating areas and plenty of space to enjoy throughout the seasons.
To the rear sits a substantial detached studio/games room, offering fantastic versatility as a home office, hobby room, workshop or entertaining space.
A long driveway provides ample off-road parking and leads to the rear of the property, making it ideal for those needing space for several vehicles.
Situated in the ever-popular village of Humberston, the property enjoys easy access to a wide range of local amenities including shops, cafés, schools, public transport and excellent road links.
Cleethorpes seafront is just a short drive away, while nearby Humberston Country Park offers wonderful walks and outdoor leisure opportunities.
Offering a combination of generous outside space, versatile outbuildings and the opportunity to modernise to your own specification, this is a property with plenty of potential in a highly sought-after location.
Location Humberston is a sought after village with its ever popular Comprehensive School and a wide range of facilities including several public houses, supermarkets, newsagents etc.
Regular bus services provide easy access to both Grimsby and Cleethorpes Town Centres, together with an abundance of leisure activities including the nearby Humberston Country Club with its golf course and Cleethorpes seafront.
Lounge/Diner (4.86m x 3.33m) Kitchen (3.06m x 2.57m) Bedroom 1 (3.64m x 2.83m) Bedroom 2 (3.35m x 3.06m) Shower Room (2.14m x 1.63m) WC (0.82m x 1.50m) Studio / Games Room (5.40m x 3.95m) Location Humberston is a sought after village with its ever popular Comprehensive School and a wide range of facilities including several public houses, supermarkets, newsagents etc.
Regular bus services provide easy access to both Grimsby and Cleethorpes Town Centres, together with an abundance of leisure activities including the nearby Humberston Country Club with its golf course and Cleethorpes seafront.
Broadband Information Standard- 8 Mbps (download speed), 0.9 Mbps (upload speed), Superfast - 80 Mbps (download speed), 20 Mbps (upload speed).
Ultrafast - 1000 Mbps (download speed), 100 Mbps (upload speed). Agents Note These particulars are provided for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that they have no authority to give or make any representation or warranties in respect of the property, nor to comment on the services, tenure or rights of way.
These particulars do not form part of any contract and must not be relied upon as statements or representations of fact.
All measurements and areas are approximate, and the particulars, including photographs and plans, are intended as a guide only and are not necessarily comprehensive; some images may have been enhanced to improve presentation.
An internal viewing is strongly recommended to fully appreciate the property.
In accordance with Anti-Money Laundering Regulations, we are required to verify the identity of all parties involved in a transaction, and once an offer has been agreed, appropriate id checks will be carried out, with a fee of £25 including VAT per person payable for this service.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 3 Derwent Drive, Grimsby
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